{"id":113864,"date":"2021-05-07T21:10:25","date_gmt":"2021-05-07T21:10:25","guid":{"rendered":"https:\/\/fin2me.com\/?p=113864"},"modified":"2021-05-07T21:10:25","modified_gmt":"2021-05-07T21:10:25","slug":"eu-calls-on-u-s-and-others-to-exports-their-vaccines","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/eu-calls-on-u-s-and-others-to-exports-their-vaccines\/","title":{"rendered":"EU calls on U.S. and others to exports their vaccines"},"content":{"rendered":"<figcaption>European Commission President Ursula von der Leyen speaks during the opening ceremony of an EU summit at the Alfandega do Porto Congress Center in Porto, Portugal May 7, 2021. Luis Vieira\/Pool via REUTERS<\/figcaption><p>PORTO, Portugal (Reuters) -The European Commission called on Friday on the United States and other major COVID-19 vaccine producers to export what they make as the European Union does, rather than talk about waiving intellectual property rights to the shots.<\/p>\n<p>Commission head Ursula von der Leyen told a news conference on the sidelines of a summit of EU leaders that discussions on the waiver would not produce a single dose of COVID-19 vaccine in the short- to medium-term.<\/p>\n<p>\u201cWe should be open to lead this discussion. But when we lead this discussion, there needs to be a 360 degree view on it because we need vaccines now for the whole world,\u201d she said.<\/p>\n<p>\u201cThe European Union is the only continental or democratic region of this world that is exporting at large scale,\u201d von der Leyen said.<\/p>\n<p>She said about 50% of European-produced coronavirus vaccine is exported to almost 90 countries, including those in the World Health Organization-backed COVAX program.<\/p>\n<p>\u201cAnd we invite all those who engage in the debate of a waiver for IP rights also to join us to commit to be willing to export a large share of what is being produced in that region,\u201d she said.<\/p>\n<p>Only higher production, removing exports barriers and the sharing of already-ordered vaccines could immediately help fight the pandemic quickly, she said.<\/p>\n<p>\u201cSo what is necessary in the short term and the medium term: First of all vaccine sharing. Secondly export of vaccines that are being produced. And the third is investment in the increasing of the capacity to manufacture vaccines.\u201d<\/p>\n<p>Von der Leyen said the European Union had started its vaccine sharing mechanism, citing delivery of 615,000 doses to the Western Balkans as an example.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-eu-summit-vaccine-vonderleyen\/eu-calls-on-u-s-and-others-to-exports-their-vaccines-idUSKBN2CO209\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European Commission President Ursula von der Leyen speaks during the opening ceremony of an EU summit at the Alfandega do Porto Congress Center in Porto, [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":113863,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EU calls on U.S. and others to exports their vaccines - 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